What is a Contract?

Peoria Contract Drafting Attorneys, AZ

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A contract in Arizona is an agreement about something of value between two or more parties who intend the agreement to have legal effect. It may be oral or written, as long as all parties agree to the contractual terms. A written contract is typically preferred by most businesses, because that make the agreements more reliable. Contracts may involve legal principles, so they are best formed with a clear understanding of the law.

Negotiating a Contract in Peoria

Along with specific clauses that should be included in every Peoria contract for it to be valid, it is important to adequately discuss each term to make sure that the intent of each party is understood by the other. Being upfront about your intentions can help the contract goal of mutual understanding of expectations. To conclude negotiations, you may want to include a clause that determines what is to be done if a party fails to meet its duty.

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Life in Peoria

Peoria, Arizona is situated in both Maricopa and Yavapai counties.  It is a major suburb of Phoenix and is home to a population of about 160,000 people.  Peoria has grown economically and industrially in recent decades. 

The city of Peoria, Arizona is known for developing and incorporating innovative technologies related to water irrigation and solar power harnessing.  For example, the Maricopa Solar Power Plant is located in Peoria and was completed in 2010. 

One of the main attractions in Peoria is the Peoria Sports Complex.  The stadium brings in many tourists, festivals, tours, concerts, and social events.  Several Major League Baseball teams use the stadium for spring training and year-round training.  The Peoria Sports Complex has contributed to much of the city's growth and economic development. 

Peoria's population continues to grow as more and more people relocate there for both work and leisure.  In fact, the name "Peoria" has almost become synonymous with leisure living and resort vacations in the state of Arizona. 

Lawyers in Peoria, Arizona engage in a number of legal services which assist the city's bustling social and economic scene.  Peoria attorneys enhance their skills through memberships in groups such as the West Maricopa County Bar Association. 

Using a Form Contract

Many Peoria, Arizona lawyers use form contracts as a template for any new agreement. The attorney will add or remove contract provisions that the parties want, plus modify the specific language of the form contract to meet the parties' needs. This usually saves all parties time and money. There are risks in using form contracts without the advice of an attorney. First, form contracts have the tendency to go unread. Any party who does not carefully review all the contract clauses can be left unaware of their obligations under the contract. Second, using a contract that someone else has written can obligate the parties to a contract clause that they do not understand. An attorney can ensure that a written contract matches the intent of the parties, both with form contracts and in negotiations. In Peoria, many lawyers specialize in Arizona contract law.

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